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In The First Eight Months, The Import And Export Scale Accounted For 52.9% Of The Total Foreign Trade Value, And Private Enterprises Became The Main Force In Stabilizing Foreign Trade.

news-1920-713In the first eight months of this year, the import and export scale of China's private enterprises was 14.33 trillion yuan, an increase of 6%, accounting for 52.9% of the total foreign trade value, an increase of 3 percentage points over the same period last year. Vibrant private enterprises continue to expand and become the main force for the steady growth of foreign trade.

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"Since the beginning of this year, shipping, customs clearance, etc. have become more stable and smooth. Taking exports to Southeast Asia as an example, freight rates have dropped by nearly 80% compared with September last year, product cost-effectiveness has greatly improved, and overseas demand has accelerated." Wang Nan, president of Xuechuan Agriculture Group, said that the company in the first half of the year The export volume exceeded 200 million yuan, a year-on-year increase of more than 60%.

Private enterprises that have experienced problems such as insufficient transportation capacity and soaring freight rates in the past two years generally report that the current cost of import and export business has dropped significantly.

"The export performance of private enterprises is relatively good, first of all thanks to China's complete industrial system and strong production capacity." Ma Lei, vice president of Zhuoyi International Group, said that Zhuoyi Group is transforming from transnational commerce to in-depth manufacturing, and is cooperating overseas to establish Factory assembles and produces small household appliances, automobiles and other products.

Faced with problems such as sluggish world economic recovery, slowdown in global trade and investment, and weakening external demand, private enterprises have actively taken countermeasures. Xuechuan Group accelerates its global layout and develops new customers while deeply exploring existing markets; Zoyi Group reduces redundant links such as procurement, customs clearance, circulation, etc., and establishes joint ventures with overseas companies to optimize its cost structure; Heilongjiang Tianyouwei Electronics Co., Ltd. Shorten the product upgrade cycle according to market demand and introduce overseas talents to adapt to the development of export business.

"Private enterprises can promptly adjust investment directions and business strategies according to market changes, and firmly seize market opportunities." Wu Yuenong, a distinguished researcher at the Yangtze River Institute of Industrial Economics and director of the China Private Economic Research Association, believes that private enterprises have innovative awareness, flexibility and adaptability. , as well as strong market development and cost control capabilities, enable it to maintain the competitiveness of import and export in a complex and severe external environment.

Better structure

While private enterprises themselves are adapting to changes, relevant departments have launched a series of measures focusing on smoothing logistics, promoting trade facilitation, reducing costs, and innovative development to support enterprises in reducing costs, stabilizing orders, and expanding markets.

Data show that in the first half of the year, my country's imports and exports to countries participating in the "Belt and Road" grew by 9.8%, 7.7 percentage points higher than the overall growth rate. "The 'One Belt, One Road' initiative has great guidance for private enterprises to go overseas. We can find business opportunities, meet partners, obtain resources, and find ways to integrate into overseas markets faster," Ma Lei said.

Under the favorable policy environment, private enterprises continue to optimize the structure of import and export products. "The science and technology authorities help companies reduce R&D costs through policies such as incentives for the transformation of technological achievements, subsidies for R&D investment, and incentives for technological innovation bases." Lu Dongfang, general manager of Heilongjiang Tianyouwei Electronics Co., Ltd., said that the company is actively promoting curved screen instruments, New products such as through-type triple screens and OLED meters have been launched overseas.

The contribution of private enterprises to the export of high-quality products is even more prominent. In the first half of the year, private enterprises exported 1.24 trillion yuan of high-tech products, an increase of 5.4%. "Private enterprises are at the forefront of the world in the fields of 'three new things', information communications, and 5G technology, which meet the strong demand for global digitalization and intelligent transformation, especially in the export of high value-added, technology-intensive products. It has advantages in terms of cost, quality and timeliness," Wu Yuenong said.

Gathering momentum

The interviewed companies were optimistic about the import and export situation and stated that they would increase investment and expand production scale.

"We are exploring cooperation opportunities with domestic new energy industry suppliers and plan to invest in energy storage and electric vehicle projects in Nigeria," Ma Lei said.

"The company has formed a whole potato industry chain integrating breeding, propagation, promotion, storage, processing and sales. It plans to expand the market at the front while increasing production capacity at the rear and increasing breeding research to ensure high-quality and sufficient supply." Wang Nan believes that the entire industry chain is of great significance in ensuring stability, ensuring safety, and reducing costs.

"We will further increase investment in R&D, stimulate the enthusiasm of the R&D team through equity incentives, R&D rewards and other means, and provide guarantee for technological innovation and product upgrades," Lu Dongfang said.

Wu Yuenong said that the market demand and project docking of countries under the “Belt and Road” initiative provide a stage for the development of private enterprises. He suggested that, on the one hand, enterprises should pursue both product innovation and model innovation, achieve fully independent and controllable supply chains, create brands with Chinese characteristics and characteristics of the times, accelerate digital transformation, and improve production and operational efficiency; on the other hand, relevant departments should Formulate more detailed import and export support policies, encourage private enterprises to innovate independently, allow enterprises to become innovation subjects, make good use of financial tools, and promote the resolution of overseas investment problems of private enterprises.news-1920-462

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